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Oil and Gas

TotalEnergies, Conoil seal offshore asset swap deal

TotalEnergies has reached an agreement with Conoil Producing Limited to execute an asset swap involving two offshore Nigerian blocks. As part of the deal, TotalEnergies will acquire a 50% operated stake in Oil Prospecting Licence (OPL) 257 from Conoil, while Conoil will assume TotalEnergies’ 40% participating interest in Oil Mining Lease 136. The energy company […]

NCAA suspends United Nigeria Airlines' wet-leased aircraft
Aviation

Experts demand tougher penalties for flight disruptions

Aviation professionals and industry stakeholders have voiced concern after United Nigeria Airlines accepted public apologies from comedian Freedom Atsepoyi (Mr Jollof) and social media activist Martins Otse (Verydarkman), following their physical altercation aboard one of the carrier’s aircraft. The incident occurred on a flight scheduled to depart Asaba International Airport for Lagos. In a statement, […]

Aviation

Enugu Air aircraft suffers nose-landing gear fault on arrival

The Federal Airports Authority of Nigeria has reported that an Enugu Air aircraft experienced a nose-landing gear fault while arriving from Lagos at Akanu Ibiam International Airport. According to a statement by FAAN’s Director of Public Affairs and Consumer Protection, Henry Agbebire, the incident occurred around 19:10 on Thursday during landing on runway eight. The […]

Business featured

CBN recirculated dirty banknotes in 2022, audit reveals

The latest annual audit of the Office of the Auditor-General of the Federation has revealed new violations in the Central Bank of Nigeria’s currency-management operations during former governor Godwin Emefiele’s tenure. According to the report, the apex bank reissued N29.77 billion in “Counted Audited Dirty” banknotes in 2022, contravening its own Clean Note Policy. The […]

Helth

FG urges states to increase health budgets

The Federal Government on Thursday urged the state governments to increase their health sector allocations as part of efforts to enhance healthcare delivery and accelerate progress toward achieving Universal Health Coverage. Speaking at the National Council on Health in Calabar, the Coordinating Minister of Health and Social Welfare, Prof. Muhammad Pate, emphasised that quality healthcare […]

Economy

NLC slams global powers over Africa’s debt, trade imbalance

The Nigeria Labour Congress has criticised major global economic powers, saying Africa remains weighed down by unsustainable sovereign debts, inequitable trade systems, and long-standing structural disadvantages. The position was expressed as labour unions across the continent marked the 2025 African Industrialisation Day, with the NLC calling for renewed commitment to self-reliance and industrial development. In […]

Food

‘Cassava remains central to Africa’s food security, development’

The Director-General of the Pan-African Organisation for Small and Medium Industries, Dr. Henry Emejuo, says cassava remains central to Africa’s food security and industrial development. As reported by the News Agency of Nigeria on Thursday, Emejuo, who spoke on the sidelines of the just-concluded three-day Africa Cassava Conference in Abuja, described the crop as both […]

Employers slam FRC over levies on private firms
featured Finance

Naira remains stable as external reserves hit $44bn

The naira has continued to maintain a steady, largely flat trading pattern, supported by the steady rise in Nigeria’s external reserves, even as the country grapples with a decline in crude oil production. The currency’s resilience comes at a time when oil output, the nation’s major foreign exchange earner, has faced notable setbacks, yet underlying […]

Entertainment

EU unveils reality show to stop violence among youth in Northwest

The European Union and international conflict-resolution group, Search for Common Ground, have outlined a new effort to curb youth vulnerability to violent extremism in Northwest Nigeria by improving access to economic opportunities and conflict-resolution skills. The plan was presented at an Abuja event addressed by the EU Ambassador to Nigeria and ECOWAS, H.E. Gautier Mignot, […]

Helth

Lassa fever death toll rises to 177 in 21 states

The Nigeria Centre for Disease Control and Prevention on Thursday said the Lassa fever death toll in Nigeria has risen to 177. The latest epidemiological report released by the NCDC stated that as of epidemiological Week 44, 2025, the Case Fatality Rate now stands at 18.3 per cent, up from 16.5 per cent recorded during […]